ICICI Prudential Mutual Fund decreased its stake in Tega Industries from 1.30% to 1.22% by selling 57,770 shares. The value of the sold shares is ₹9.37 crore at a price of ₹1622.20 per share.
A manufacturer of specialized consumable products for the global mining and mineral processing industry, Tega Industries serves the bulk solids handling sector with polymer-based mill liners and related critical equipment. Established in 1976, the company operates across multiple geographies and serves infrastructure requirements in mining operations worldwide. Its focus on durable, recurring-use industrial components and vertical integration distinguishes it within the global beneficiation sector.
India's second-largest AMC by AUM with over Rs 9 lakh crore managed across 80+ schemes. Joint venture between ICICI Bank and Prudential plc. CIO S. Naren is one of India's most recognised value investors, known for contrarian macro calls and rotating across market caps well ahead of consensus. ICICI Pru's quarterly portfolio disclosures are among the most closely watched in the industry.
